Consumer News


FTC Sues P&G

In an effort to stop the consolidation of the razor business, the Federal Trade Commission has sued Proctor & Gamble. The FTC is suing P&G, the

Chick-fil-A Sues Over Price Fixing

Chick-fil-A is heading to court. The leading U.S. chicken sandwich chain has filed a lawsuit against more than a dozen major poultry producers accusing them of price-fixing.

Jobless Claims Drop Again

Jobless claims have dipped down again following an increase similar to earlier lows in November and October. First-time claims for unemployment benefits totaled 712,000 in the week ending on

Salesforce to Buy Slack

Salesforce is buying workplace messaging service Slack, marking the largest acquisition in the cloud-based company’s history and a major development for the business-software industry. Salesforce has agreed

Kohl’s and Sephora Join Forces

Kohl’s is positioning itself to compete in the lucrative beauty world with its new partnership with Sephora. According to a Dec. 1 press release from

Consumer Confidence Declines in November

Consumers became less confident in the economy in November amidst the Thanksgiving holiday and rising COVID-19 cases. The Conference Board, a business research organization, said that their

Refinancing Your Mortgage May Cost You More

Much of the American economy has struggled during the pandemic, but the mortgage industry has been doing surprisingly well. However, borrowers may soon find that

Bitcoin Nearing All-Time High

Bitcoin’s price continues to surge in 2020 as the cryptocurrency’s price climbed past $19,000 on Nov. 24. Only two weeks ago, Bitcoin hit its highest price since

Jay Clayton Stepping Down as Head of SEC

Jay Clayton, head of the Securities and Exchange Commission, announced he is stepping down at the end of this year. Jay Clayton is a former

Bitcoin Prices Hit Highest Point Since 2018

The price of bitcoin climbed to $16,000 on Nov. 12, a price point the cryptocurrency has not seen since January 2018. Bitcoin is the world’s largest and most popular

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